BREAKING: Cross River Assembly Bans House Agents Over Rent Inflation!
Reported by Marian Opeyemi Fasesan | Sele Media Africa
The Cross River State House of Assembly has announced a statewide ban on housing agents, citing widespread public complaints about artificial rent inflation and exploitative practices.
What We Know:
- The decision followed a heated debate during plenary on Thursday, with lawmakers accusing agents of driving up rental prices in Calabar and other urban centres.
- Affected agencies have been ordered to halt operations pending a regulatory review.
- The Assembly is pushing for direct landlord–tenant transactions to curb manipulation.
Why It Matters:
- Rents in parts of Cross River have surged by over 40% in the past year, according to local reports.
- The move could ease housing pressure but also disrupt real estate operations in the short term.
- Stakeholders are calling for a structured, legal framework rather than an outright ban.
Citations:
- Cross River State Assembly Plenary – Oct. 2025
- Daily Post Nigeria
- Cross River Watch – www.crossriverwatch.com
About The Author
Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Managing Editor of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.
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Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Managing Editor of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.